Directions: In each question given below a sentence is given and is divided into three parts I,II and III. For each part a correction statement is also given, you have to determine which part requires correction and select it as your answer.

Q:

Moody’s rating agency says their outlook in the Indian banking was weak but stable/, and said banks have recognised the bulk of legacy problems loans and would start making recoveries from large resolved non-performing loans/, which will help shore up asset quality.
I. Moody’s rating agency has said that their outlook for Indian banking was weak but stable
II. and said banks have recognised the bulk of legacy problems loans and would have started making recoveries from large resolved non-performing loans
III. which will be helping in shore up asset quality

• 1
  I,II
• 2
  III
• 3
  I
• 4
  II,III
• 5
  None of these